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    Connexa Announces Expanded Patent Coverage for Its Popular Tennis Ball Launcher as Sales Top 70,000 Units Worldwide

    11/7/23 9:00:00 AM ET
    $CNXA
    Recreational Games/Products/Toys
    Consumer Discretionary
    Get the next $CNXA alert in real time by email

    US and Japanese Patents, Among Others, Cover Key Features of Slinger Bag Ball Launcher. Oscillator Plate and Ball Collector Tube

    Windsor Mills, MD, Nov. 07, 2023 (GLOBE NEWSWIRE) -- Connexa Sports Technologies Inc. (NASDAQ:CNXA) confirms that Slinger Bag Americas Inc., through its subsidiary company Israeli-based Slinger Bag Limited, the holder of all Slinger Bag intellectual property, has been granted utility and design patents in four key commercial and manufacturing territories, and design patents in three additional territories for its Slinger Bag Ball Launcher.

    The issued utility patents for the Slinger Bag Ball Launcher are as follows:

    • USA: Patent Number 11,358,043
    • Japan: Patent Number 7105902
    • China: Patent Number ZL201880076477.4
    • Hong Kong: Patent Number HK40029708

    The issued design patents for the Slinger Bag Ball Launcher are as follows:

    • USA: D947,969
    • Japan: 1703498
    • China: ZL202030188313.0
    • Canada: 197946
    • Spain: DM/209885
    • Great Britain: 820985500010000

    The utility and design patents cover all ball sport verticals and specifically protect the innovation of building a ball launcher into the bottom of a typical roller duffle bag, making the Slinger Bag Ball Launcher one of the most versatile, transportable, and affordable ball machines on the market. The design patents cover the Slinger Bag Oscillator – an accessory device that sits under, and connects to, the Slinger Bag and oscillates the ball launcher from side-to-side – and the Telescopic Ball Collector Tube - which is unique in its ability to be extended to collect up to 20 tennis, pickle or padel balls per loading.

    The Slinger Bag Ball Launcher has a 144-ball capacity and offers ball launch speeds ranging from 10mph to 45mph and in multiple elevations and trajectories with use of the oscillator accessory.

    "The granting of these utility and design patents underpins our belief that we have ‘reinvented tennis' by making the sport significantly more accessible and affordable to both current and new tennis participants, allowing players to take their game to a new level and to encourage more tennis to be played, more often," commented Mike Ballardie CEO, Connexa Sports Technologies.

    "We identified a niche within a traditional tennis brand dominated and conservative global tennis market, we tested consumer demand for the Slinger Bag through its highly successful Kickstarter campaign and we have continued to demonstrate how to successfully build a global tennis brand with one single product, through gaining global distribution in 60+ markets and selling in excess of 70,000 Slinger Bag Launchers in the first 36 months of operations," continued Ballardie.

    "Despite this success in shipping an average of nearly 2,000 units a month since launch, we continue to have a significant opportunity for organic growth within the global tennis market, as we strive to meet our objectives of reaching 1% of the 50 million avid players market (players who play at least 1-time per week) over the next 5 years, as well as extending Slinger Bag to new verticals, as we work to replicate this ball launcher success in new markets such as pickleball, padel tennis, baseball and cricket and pave the way for future product offerings," concluded Ballardie.

    More detailed information on Connexa Sports Technologies and Slinger Bag can be found at www.connexasports.com

    About Connexa Sports Technologies:

    Connexa Sports a leading connected sports company delivering products, technologies, and Sport-as-a-Service across a range of sport verticals. Connexa's mission is to reinvent sports through technological innovation driven by an unwavering focus on today's sports consumer.

    Contact Information:

    [email protected]

    www.connexasports.com

    Forward-Looking Statements

    Forward-looking statements are subject to known and unknown risks and uncertainties and are based on potentially inaccurate assumptions that could cause actual results to differ materially from those expected or implied by the forward-looking statements.

    Actual results could differ materially from those anticipated in forward-looking statements for many reasons, including the factors described in "Item 1A. Risk Factors" in our 10-K filing as of September 14, 2023 and our ability to continue as a going concern. Accordingly, you should not rely on these forward-looking statements, which speak only as of the date of this press release. You should, however, review the factors and risks we describe in the reports we will file from time to time with the SEC after the date of this press release.

    In addition, statements such as "we believe" and similar statements reflect our beliefs and opinions on the relevant subject. These statements are based on information available to us as of the date of this press release. And while we believe that information provides a reasonable basis for these statements, that information may be limited or incomplete. Our statements should not be read to indicate that we have conducted an exhaustive inquiry into, or review of, all relevant information. These statements are inherently uncertain, and you are cautioned not to rely unduly on these statements.

    Although we believe the expectations reflected in the forward-looking statements were reasonable at the time made, we cannot guarantee future results, level of activity, performance or achievements. Moreover, neither we nor any other person assumes responsibility for the accuracy or completeness of any of these forward-looking statements. You should carefully consider the cautionary statements contained or referred to in this section in connection with the forward-looking statements contained in this press release and any subsequent written or oral forward-looking statements that may be issued by us or persons acting on our behalf.



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